Our own Erik Gerding was quoted in today's WSJ on Jeff Skilling:
Erik Gerding, a law professor at the University of Colorado in Boulder, says last year's Supreme Court ruling "sharply limits the types of cases that can be brought" and "takes away a pretty important tool for prosecutors."
"A statute that had been used to cast a wide enforcement net now captures only bribes and kickbacks," Mr. Gerding adds.
Go Erik!
Enron's been on my mind, too, since our Business Ethics Seminar discussed The Smartest Guys in the Room two weeks ago. 10 years later, one of the things that struck me is how little today's law students know about Enron. They know it was bad, they know there was fraud, but they don't know much more.
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